“Propaganda serves more to justify ourselves than to convince others; and the more reason we have to feel guilty, the more fervent our propaganda.”
Eric Hoffer
“It is a far, far better thing to have a firm anchor in nonsense, than to put out on the troubled seas of thought.”
John Kenneth Galbraith
“Some economists, when thinking about long memory, are concerned that it undercuts the Efficient Market Hypothesis that prices fully reflect all relevant information; that the random walk is the best metaphor to describe such markets; and that you cannot beat such an unpredictable market. Well, the Efficient Market Hypothesis is no more than that, a hypothesis. Many a grand theory has died under the onslaught of real data.” Benoît B. Mandelbrot